October 2017 News

Productivity growth in Australia averaged 1.8 per cent a year on average from 2010 to 2016, Treasury data shows. This gradual rate leaves room for business profits to stall and for the incomes of Australian workers to fall behind the cost of living.

Employee health is big business all over the world. In fact, a RAND Corporation study from 2014 found that 75 per cent of US businesses had, or were intending to implement employee wellness initiatives. Such movements are rapidly gaining popularity in Australia too.

The private health insurance industry is committed to keeping premiums as low as the market permits. After all, doing so is in everyone's best interests - to guarantee the sustainability of the industry and ensure that insurance policies remain affordable for all Australians.

The World Health Organisation regularly ranks the equity, efficiency and quality of health systems around the world. In their most recent report, Australia ranked in the top 20 per cent again, above the United States, and even our neighbours across the Tasman.